Celestica Inc (CLS) is overvalued and Jabil Inc (JBL) is overvalued.
Both trade above our estimate of their intrinsic value. JBL is the closer of the two: -60%, against -93% for CLS.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 13.5% (average of 3 methods) values the shares at $184.33; the price of $356.09 is 93% above that value, and 64% of that value comes from beyond year five.
Leak Score 59/100 on 3 of 12 signals
Discounting its cash flows at 10.6% (average of 3 methods) values the shares at $192.57; the price of $308.98 is 60% above that value, and 70% of that value comes from beyond year five.
Leak Score 57/100 on 10 of 12 signals
| Metric | CLS | JBL |
|---|---|---|
| Verdict | Overvalued | Overvalued |
| Price | $356.09 | $308.98 |
| Intrinsic value | $184.33 | $192.57 |
| Margin of safety | -93% | -60% |
| Leak Score | 59/100 (3/12) | 57/100 (10/12) |
| Market cap | $44.9B | $32.4B |
| Revenue growth, 5 years | 16.6% | 1.8% |
| Operating margin | 8.4% | 5.0% |
| Net margin | 7.2% | 2.6% |
| Return on equity | 52.7% | 66.1% |
| Debt to equity | 0.40 | 2.94 |
| P/E | 37.0x | 38.6x |
| Forward P/E | 18.3x | 18.4x |
| P/B | 16.5x | 24.5x |
| Dividend yield | — | 0.1% |